Wages

Salaries

Piecework, Royalties, and Commission

Leave Loading

100

Jeremy is paid $20 per hour. How much will he earn if he works a 38 hour week?

Income = Hourly pay x Number of Hours Worked

= $20/ hour x 38 hours

=$760

100

How many fortnights are in a year?

26

100

Carlos is a craftsman who earns $200 for each piece of furniture he makes. How much will he earn if he makes 10 pieces of furniture in a month?

Income = Number of items made x Pay per item

= 10 x $200

= $2000

100

Amy earns $9 000 in 4 weeks.

For her 4 weeks annual leave, Amy is paid a loading of 17.5%. Calculate the amount that she receives in holiday loading.

Holiday loading = 17.5/100 x 4 weeks income

= 17.5/100 x $9 000

= $1 575

200

Charlie is paid $35 per hour. How much will she earn in a week if she works five 8 hour shifts?

Income = Hourly rate x Hours worked

= $35/hour x 8 hours x 5

= $1 400

200

Sanjit earns $65 000 per year. How much does he earn in a month?

Monthly salary = Yearly Salary/12

= 65 000/12

= $5 416. 67

200

Sara sells cars. She is paid a 5% commission on all sales, plus a weekly retainer of $200.

How much will she earn in a week where she sells a car for $60 000?

Commission = 5/100 x $60 000

= $3 000

Income = Commission + Retainer

= $3000 + $200

= $3 200

200

Jelena works as a hairdresser and is paid a normal rate of $19.70 per hour for a 38-hour working week.

For her 4 weeks annual leave, Jelena is paid a loading of 17.5%. Calculate the amount that Jelena receives in holiday loading.

Pay for 4 weeks = 38 hours x $19.70/hours x 4

= $2 994.40

Leave-loading = $2 994.40 x 17.5/100

= $524.02

300

Analise earns $16/hour. During the week, she works for 38 hours at normal pay, and 4 hours at time-and-a-half.

Calculate her pay for the week.

Income at normal rate = $16/hour x 38 hours

= $608

Income at time-and-a-half = $16/hr x 4 hours x 1.5

= $96

Total income = $608 + $96

= $704

300

Yasmine earns $2000 per week. What is her annual salary?

Annual salary = Weekly pay x 52

= $2000 x 52

= $104 000

300

Chloe is a musician. She is paid 2% royalties on all record sales.

How many records did she sell in a month if she earns $200?

Sales = Income/Royalty Rate

= $200 / 2%

= $10 000

300

Charlie earns $22.80 per hour for a 38-hour week.

Calculate his total pay for 4 weeks annual leave. Assume that he receives a holiday loading of 17.5%.

4 weeks pay = $22.80/hr x 38 hours x 4

= $3 465.60

Leave-loading = $3 465.60 x 17.5/100

= $606.48

Total pay = $3 465.60 + $606.48

= $4 072.08

400

Peter has started a new casual job that pays $20 per hour. How many hours will he have to work in order to afford the new iPhone-13 ($1099).

Hours worked = Income/Hourly rate

= 1 099/20

=54.95

So he will have to work 55 hours.

400

Chloe earns $7000 per month. What is her weekly income?

Annual income = $7000 x 12

= $84 000

Weekly income = $84 000/52

= $1 615.38

400

Anna and Ben are freelance writers who work on separate projects. Anna earns $120 for writing one article, while Ben earns $150 for writing one article.

If Anna and Ben work together and write 5 articles in a day, with Anna writing 3 articles and Ben writing 2 articles, what is their total combined income for that day?

Anna's income = $120 x 3

= $360

Ben's income = $150 x 2

= $300

Total income = $360 + $300

= $660

400

Karen receives an annual salary of $63 000.

What is she paid for her annual 4-week holiday, for which she receives an extra 17.5% loading?

Pay for 4 weeks = $63 000/13

= $4 846.15

Leave loading = $4 846.15 x 17.5/100

= $848

Total pay = $5 694.23

500

Jenny works the following hours:

- 38 hours at normal rate

- 6 hours at time and a half

- 3 hours at double time

She earns $1 287.50. What is her hourly rate?

$25/hour

500

Sasha earns $90 000 per annum. Calculate her hourly rate of pay. Assume that she works 35 hours each week.

Weekly pay = $90 000/52

= $1 730.77

Hourly pay = $1 730.77/35

=$49 per hour

500

Jarred is paid $12 for each box of fruit that he picks. If it takes him 4 hours to pick 10 boxes, calculate his hourly rate of pay.

He earns $120 for picking 10 boxes.

If it took 4 hours to pick 10 boxes, then the hourly rate is:

$120/4 = $30/hour

500

When Jack goes on holidays, he is paid 17.5% holiday loading in addition to his normal pay.

When he went on 2 weeksâ€™ leave, his holiday pay was $1504. What is his normal weekly pay?

$640 per week